Chico MLS Single Family Homes
Last Week 
This Week 
Up or Down

Week Ending

12/26/2008

1/02/2009

Active homes for sale

313

294

Down 19

Median price, active

$345,000

$339,500

Down 5.5

New listings

9

12

Up 3

Escrows opened

1

0

Down 1

Escrows closed

18

19

Up 1

Avg days on market

79

94

Up 15

SNVMLS Chico  1A to 1F
 
 
 

Search for Chico real estate through the MLS. Click here.
Source: Sierra North Valley MLS, Chico Urban Areas 1A to 1F

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We are off to a new year. How does 2009 look for real estate sales in Chico, California? The MLS can give us some facts to set our baseline.
We are down to 294 single family homes for sale. This is down from over 450 mid 2008. I expect this number to rise some with the […]

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We hear on the news how California and the nation’s housing markets are doing this year compared to last, but how about Chico?
I compared December of 2007 to December of 2008. For starters, we have fewer homes on the market, down about 10% from 350 to 315. The average days on the market is also lower […]

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Chico MLS Single Family Homes
Last Week 
This Week 
Up or Down

Week Ending

12/19/2008

12/26/2008

Active homes for sale

315

313

Down 2

Median price, active

$347,000

$345,000

Down 2K

New listings

16

9

Down 7

Escrows opened

14

1

Down 13

Escrows closed

15

18

Up 3

Avg days on market

52

79

Up 27

SNVMLS Chico  1A to 1F
 
 
 

Search for Chico real estate through the MLS. Click here.
Source: Sierra North Valley MLS, Chico Urban Areas 1A to 1F

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Chico MLS Single Family Homes
Last Week 
This Week 
Up or Down

Week Ending

12/11/2008

12/19/2008

Active homes for sale

333

315

Down 18

Median price, active

$350,000

$347,000

Down 3K

New listings

24

16

Down 8

Escrows opened

14

14

=

Escrows closed

12

15

Up 3

Avg days on market

53

52

Down 1

SNVMLS Chico  1A to 1F
 
 
 

Search for Chico real estate through the MLS. Click here.
Source: Sierra North Valley MLS, Chico Urban Areas 1A to 1F

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When many think of the term “silent second” they conjure up a sneaky mortgage that could potentially be fraudulent.
But there is also the helpful silent second, often used by cities or counties in mortgage assistance programs .
Silent second mortgages have also been used as a workaround when home owners are behind on their mortgages. Rather than foreclose, the […]

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In all the discussions around mortgage bail-outs, is anyone talking about using a “silent second” as part of the process? .Don’t forgive the underwater mortgages, split them into a first and a second.
In Chico we have a mortgage subsidy program. With the program, a first time home buyer can get a 30K to 70K loan, recorded as […]

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Last night my husband called me from the back of the house, “Debbie, get in here, I have to show you something!” I left my cozy position on the couch, and went to the master bathroom.
There he showed me his pride-the ant bait he placed earlier in the day was being attacked by a virtual army. […]

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Chico MLS Single Family Homes
Last Week 
This Week 
Up or Down

Week Ending

12/05/2008

12/11/08

Active homes for sale

341

333

Down 8

Median price, active

$350,000

$350,000

=

New listings

14

24

Up 10

Escrows opened

4

14

Up 10

Escrows closed

16

12

Down 4

Avg days on market

61

53

Down 8

SNVMLS Chico 1A to 1F
 
 
 

Search for Chico real estate through the MLS. Click here.
Source: Sierra North Valley MLS, Chico Urban Areas 1A to 1F

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Chico MLS Single Family Homes
Last Week 
This Week 
Up or Down

Week Ending

11/28/2008

12/05/2008

Active homes for sale

337

341

Up 4

Median price, active

$355,000

$350,000

Down 5K

New listings

14

14

=

Escrows opened

7

4

Down 3

Escrows closed

17

16

Down 1

Avg days on market

66

61

Down 5

SNVMLS Chico  1A to 1F
 
 
 

Search for Chico real estate through the MLS. Click here.
Source: Sierra North Valley MLS, Chico Urban Areas 1A to 1F

[Read more →]